Morrison & Foerster advised Vector Capital in its agreement to provide a $100 million second lien term loan to support Permira Funds' acquisition of Synamedia, a leading video software solutions provider, from Cisco.
Vector Capital is a global private equity firm that specializes in transformational investments in established technology businesses. The agreement was announced on October 29, 2018.
The MoFo U.S. team was led by San Francisco Finance partner Darío Avram, with invaluable assistance from London partner Benoit Lavigne, London associates Konstantin Slivinskiy and Hannah Brellisford, and San Francisco associates Syed Mustafa Rizvi and Jenepher Schulte.
For more information, see the press release issued by Vector Capital here.